Hot Pick Of The Day

[New-born baby]

Pcln

This baby was once a grand per share. That's right: $999.00 per throw + IB commision = $1,000.00 per. This one is like MTEX and FMD: on the verge of a breakout. Will she or won't she? She loves me; she love me not; she loves me . . . .

[New-born baby]

Pspt

PSPT I like least of all because it is a fairly new issue with little price history behind it. PnF likes it to $28, but since it is a Twilight Zone stock, there is little certainty about how high it may move.

[New-born baby]

Zons

ZONS is working on a six year cup/double top (who knows?)

[billyjoe]

Another chart with HUGE potential. Of course it sets right on the edge right now, but if she busts out . . . HUGE EXPLOSION higher. Nice chart

When I saw MTEX chart I knew you'd love it.

----------billyjoe

[AaronR]

Alerts

Do you guys set a lot of alerts based on your t.a.?

[New-born baby]

Do you guys set a lot of alerts based on your t.a.?

Alerts are excellent tools to use. Find a good chart (like those MM just came up with on the top five), then set a price and volume alert and let the computer tell you when it is time to enter a position.

[New-born baby]

Gwhiz & Peix

PEIX's price action yesterday was bearish. It opened higher and closed lower than the open by a good bit. EXCELLENT. That should mean that resistance is holding and PEIX is not going higher today. Shorters still need to watch the action so that PEIX doesn't make an inverted double bottom here. Chart shows the possible bullish inverted double bottom formation in progress.

GWHIZ: whenever you enter a position, you have to babysit the thing until you get out. That's a fact, Jack.

[mrmarket]

Yea, he was in my chem 1 class last year, I stopped by your house to play basketball with him once or twice.
He showed me your 81 consecutive trades of 15 % or more in a row this spring, thats how I found this forum.
I actually live a block up the street from you on Prospect.

My name is Morgan Martindell.

Oh this is interesting...how about I give you your own thread here?

[billyjoe]

New-born,
You said PCLN was nearly 1000 per share ? I forgot how ridiculous things got before the bubble burst. I remember hearing that spokesman Wm.Shatner lost 8 million very fast and this explains how. He's still with PCLN maybe he'll get the last laugh. At least they survived.

---------------billyjoe

[AaronR]

NBB- How many stocks do you have alerts on at one time?

[AaronR]

Another strong BPO (business processing outsourcing) stock: ICTG

[Lyehopper]

Yea, he was in my chem 1 class last year, I stopped by your house to play basketball with him once or twice.
He showed me your 81 consecutive trades of 15 % or more in a row this spring, thats how I found this forum.
I actually live a block up the street from you on Prospect.

My name is Morgan Martindell.

Welcome to the forum Morgan.... There's another young man here that goes by the handle "Stky".... He's about 14 or 15 and currently in first place in the POTW contest. It's great to see young fellas like the two of you showing interest in the market. Keep it up!

[New-born baby]

NBB- How many stocks do you have alerts on at one time?

None. The reason is that I am going to be away from the computer for about six days (except at night) and unavailable to trade. I would only set alerts to enter a position.

[New-born baby]

Another strong BPO (business processing outsourcing) stock: ICTG

WOW. Nice chart. Look term cup with target of $44. NICE. I wish I had seen this one at $27, because right now we are a little late to the party (it is more than 5% past the breakout).

Hey. Post all your picks over here and we'll chart 'em up as I have time. I have been a little slow posting charts due to a very heavy schedule. But things will improve by next Wednesday.

[jiesen]

New-born,
You said PCLN was nearly 1000 per share ? I forgot how ridiculous things got before the bubble burst. I remember hearing that spokesman Wm.Shatner lost 8 million very fast and this explains how. He's still with PCLN maybe he'll get the last laugh. At least they survived.

---------------billyjoe

I dont think so... the highest PCLN ever traded was $165 in Apr 1999. That is about 1000 in today's shares, if you factor in the 1:6 reverse split, though.

http://finance.yahoo.com/q/hp?s=PCLN&a=02&b=31&c=1999&d=09&e=13&f=1999&g=d&z=66&y=66